Business & Finance Louisiana (LA) Rank #34 of 50

Actuary Salary in Louisiana

The median actuary salary in Louisiana is $103,731 per year, which is 9% below the national median of $113,990.

Median Salary
$103,731
vs National
$-10,259
State Rank
#34 of 50
Cost of Living
91%

Actuary Salary in Louisiana by Experience

In Louisiana, an entry-level actuary earns around $63,700, while experienced professionals earn up to $159,250 per year. The cost of living index in Louisiana is 91% of the national average.

Entry Level (0-2 yrs)
$63,700
$-6,300 vs national
Mid Level (3-7 yrs)
$104,650
$-10,350 vs national
Senior Level (8+ yrs)
$159,250
$-15,750 vs national

Salary Percentiles in Louisiana

Percentile LA Salary
10th Percentile $62,244
25th Percentile $79,352
Median (50th) $103,731
75th Percentile $137,410
90th Percentile $178,369

Major Cities for Actuarys in Louisiana

The largest employment areas for actuarys in Louisiana include New Orleans, Baton Rouge, Shreveport, and Lafayette. Salaries in major metro areas may be higher due to increased demand and cost of living.

New Orleans, LA
Metro area for actuary employment
Baton Rouge, LA
Metro area for actuary employment
Shreveport, LA
Metro area for actuary employment
Lafayette, LA
Metro area for actuary employment
Lake Charles, LA
Metro area for actuary employment

How to Become a Actuary in Louisiana

Education

Most actuary positions require a bachelor's degree. Louisiana has several accredited institutions offering relevant programs.

Key Skills

Statistical ModelingRisk AssessmentFinancial MathematicsExcel/VBASQLActuarial Exams

Job Outlook in Louisiana

Nationally, actuary employment is projected to grow 21% over the next decade (much faster than average). Louisiana's demand may vary based on local industry trends.